XPEL · XBRL financial data

XPEL financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (XPEL's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	158,924	259,263	323,993	396,293	420,400	476,200
Cost of goods and services sold	104,899	166,586	196,481	233,879	243,040	275,181
Gross profit	54,025	92,677	127,512	162,414	177,360	201,019
Research and development	144	370	400	2,900	2,900	2,900
General and administrative	20,907	34,288	48,208	63,654	75,396	87,232
Total operating expenses	30,655	52,561	73,575	95,442	118,213	138,370
Operating income (loss)	23,370	40,116	53,937	66,972	59,147	62,649
Interest expense	249	303	1,410	1,248	996	83
Income tax expense (benefit)	4,523	7,873	10,584	13,231	11,289	12,472
Net income (loss)	18,282	31,567	41,381	52,800	45,489	51,226
Earnings per share, basic USD per share	0.66	1.14	1.50	1.91	1.65	1.85
Earnings per share, diluted USD per share	0.66	1.14	1.50	1.91	1.65	1.85
Weighted average shares, basic thousands of shares	27,613	27,613	27,614	27,622	27,639	27,657
Weighted average shares, diluted thousands of shares	27,613	27,613	27,616	27,634	27,643	27,683

Fiscal years (XPEL's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	29,027	9,644	8,056	11,609	22,087	50,864
Accounts receivable	9,944	13,159	14,726	24,111	29,146	49,846
Inventory	22,364	51,936	80,575	106,509	110,904	122,755
Prepaid and other current assets	1,442	3,672	3,464	3,529	5,314	6,651
Total current assets	62,777	79,028	106,821	146,454	168,344	230,697
Property and equipment, net	4,706	9,898	14,203	16,980	17,735	15,797
Right-of-use asset	5,974	12,910	15,309	15,459	19,490	21,561
Goodwill	4,472	25,655	26,763	37,461	44,126	59,277
Total assets	83,840	161,015	193,362	252,041	285,607	382,526
Total current liabilities	21,200	36,268	27,402	36,472	41,518	71,000
Long-term debt	—	—	—	—	—	0
Lease liability, non-current	4,331	9,830	12,119	12,715	16,126	16,710
Total liabilities	30,457	76,552	68,640	72,052	60,152	97,341
Retained earnings	42,877	74,443	115,824	168,624	214,113	265,339
Total stockholders' equity	53,383	84,462	124,722	179,989	225,455	280,282
Total liabilities and equity	83,840	161,015	193,362	252,041	285,607	382,526
Common shares outstanding (cover page) thousands of shares	27,613	27,613	27,616	27,631	27,652	27,604

Fiscal years (XPEL's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	18,282	31,567	41,381	52,800	45,489	51,226
Stock-based compensation	0	169	522	1,640	3,197	2,753
Net cash from operating activities	18,466	18,268	12,057	37,384	47,824	66,938
Purchases of property and equipment	1,781	6,725	7,936	6,356	6,713	4,008
Net cash from investing activities	(4,664)	(56,808)	(14,156)	(26,353)	(18,404)	(33,778)
Share repurchases	—	—	—	0	0	2,999
Net cash from financing activities	3,511	19,241	602	(7,259)	(19,253)	(3,657)
Net change in cash	17,526	(19,383)	(1,588)	3,553	10,478	28,777

SIC 3470 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 3470 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (3470) companies nearest in public float, each marked “added: same SIC”.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.
A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
XPEL	40,675	143,053	30,789*	27.6M	—	Q2 FY26 10-QJun 30, 2026
Azz	1,953	not reported	not reported	29.9M	—	Q2 FY27 10-Q/AAug 31, 2026
Northern Technologies Internationaladded: same SIC	7,276	24,216	623*	9.5M	—	Q3 FY26 10-QMay 31, 2026
APEX Global Solutionsadded: same SIC	1,132	year only	year only	not reported	—	Q4 FY25 20-FDec 31, 2025
Nano Magicadded: same SIC	39	640	(642)*	14.4M	0.1 quarters	Q3 FY24 10-QSep 30, 2024
Quad Globaladded: same SIC	not reported	not reported	not reported	not reported	—	—

Not investment advice. Not affiliated with the U.S. SEC.